Rogetzer, Patricia. 2013. Causal Dynamics of the Market for Rare Earth Elements. EURO XXVI - 26th European Conference on Operational Research, Rom, Italien, 01.07.-04.07.
BibTeX
Abstract
Rare earth elements, strategic, non-renewable resources necessary for high-tech products, face the risk of shortages due to a deteriorated situation with respect to matching supply with demand. A systematic evaluation of raw material criticality is needed to meet the highly dynamic system. Based on causal-loop and stock and flow diagrams of selected modules a System Dynamics model, capable of representing interdependencies and feedback within a volatile market, is set up. Heterogeneity, uncertainty, and non-linearity of rare material markets are evaluated by scenarios and sensitivity analyses.
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Status of publication | Published |
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Affiliation | WU |
Type of publication | Paper presented at an academic conference or symposium |
Language | English |
Title | Causal Dynamics of the Market for Rare Earth Elements |
Event | EURO XXVI - 26th European Conference on Operational Research |
Year | 2013 |
Date | 01.07.-04.07. |
Country | Italy |
Location | Rom |
URL | http://euro2013.org/ |
Associations
- People
- Rogetzer, Patricia (Former researcher)
- Organization
- Institute for Production Management (Reiner) (Details)